Monday, June 18, 2012

Making Money - Tiers in Squidoo


I did a lot of searching on Squidoo and everyone seemed to explain the tier system in a way that was hard for me to really understand.  Finally, I found a lens that outlined it in a simplified way: Tiers On Squidoo.  Come to find out a teenage boy was the lensmaster of this article!  I was blown away, he is such a great writer - better than some adults, and I took a look at some of his other lenses.  It gave me hope and made me feel like I can reach my goals if this kid can write all these cool lenses, then there is nothing stopping me.  Anyway, tier 4 are the lenses ranking above 85,000, like mentioned last time, and you are only earning pennies (if anything) on these lenses.  Tier 3 is a lens rank of 85,00 to 10,001 and your earnings are right around 30 cents for these lenses.  I like how he adds that, "it really doesn't seem like much, but if you have a lot of lenses it adds up."  Tier 2, 10,000 to 2,001 and Tier 1, 2,000 and higher, seem practically impossible to reach, but if you do you are making anywhere between $7 to $50 per lens.  He also goes on to talk about how sales are an important part of making money on your lenses (not included in the previous projected in earnings) and the lens rank obviously affects that, as more people are seeing your article.   I believe I mentioned this before, but your lens is counted at the beginning of the month, then you get paid about two months later, so I'm thinking that means you have to make sure your ranking is the highest right at the end of the month to get that ranking to stay up through the 1st.  My highest ranking article, thus far, has been Five Feel-Good Movie Favorites with a ranking in the mid 40,000 area.  Your lens rank changes every day though, so there isn't any way of knowing if you will still have such a high ranking tomorrow, so I wonder if there is something I am missing?  I started trying to find out how others felt about this and found a well written lens about how they should change the tiers, so more people get some of the profit.  The article didn't say anything negative about Squidoo, in fact they have over hundreds of lenses, but pointed out that it is hard to make good money on there considering how many people are now members, and so on.  I agree, I think they should add more tiers to the system, so people have a greater chance of making a profit.  We, the writers, are the reason that people do go on Squidoo after all.  It will be interesting to see how everything goes and whether or not I make any money from this venture, but I do enjoy it and feel like the community that has been built is really great.  I will stick with it and you can keep up with my journey here!

CORRECTION:  Perhaps I overlooked it in previous lenses, but I learned from reading this lens: How To Improve Your Lens Rank that the rank, as well as what you get paid for the lens, is based on the average rank it had for the month.  I would venture to say that the month in which you create the lens would be the lowest pay out then, as it seems that all my lenses have started in Tier 4 and stayed there for at least a few days.  I agree with this writer when she says that probably the best way of increases rank is by having good content - hopefully others agree that I have good work and enjoy the way I present the information.  Until next time - have a good one!

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